2,000 Shares in Impinj, Inc. $PI Purchased by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC purchased a new position in Impinj, Inc. (NASDAQ:PI) during the 2nd quarter, Holdings Channel reports. The fund purchased 2,000 shares of the company’s stock, valued at approximately $222,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd bought a new position in Impinj during the 2nd quarter worth about $28,000. Harbour Investments Inc. purchased a new position in shares of Impinj in the 2nd quarter valued at approximately $33,000. Banque Transatlantique SA purchased a new position in shares of Impinj in the 1st quarter valued at approximately $29,000. Ameritas Advisory Services LLC purchased a new position in shares of Impinj in the 2nd quarter valued at approximately $43,000. Finally, SBI Securities Co. Ltd. raised its position in shares of Impinj by 75.3% in the 1st quarter. SBI Securities Co. Ltd. now owns 398 shares of the company’s stock valued at $36,000 after purchasing an additional 171 shares during the last quarter.

Analyst Upgrades and Downgrades

PI has been the subject of several research reports. Piper Sandler lifted their price objective on shares of Impinj from $180.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday. Weiss Ratings reissued a “sell (d)” rating on shares of Impinj in a research report on Saturday. Barclays assumed coverage on shares of Impinj in a research note on Tuesday, October 7th. They set an “overweight” rating and a $200.00 price target on the stock. Zacks Research upgraded shares of Impinj from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 7th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $195.00 price target on shares of Impinj in a report on Monday, September 15th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $189.43.

Impinj Trading Down 2.2%

Shares of PI stock opened at $235.83 on Monday. The stock has a market cap of $6.86 billion, a P/E ratio of 23,606.61 and a beta of 1.83. The business has a fifty day simple moving average of $190.31 and a 200-day simple moving average of $139.89. Impinj, Inc. has a fifty-two week low of $60.85 and a fifty-two week high of $247.06. The company has a quick ratio of 8.44, a current ratio of 11.64 and a debt-to-equity ratio of 1.51.

Impinj (NASDAQ:PI) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.08. Impinj had a return on equity of 8.14% and a net margin of 0.18%.The firm had revenue of $97.89 million during the quarter, compared to analysts’ expectations of $93.78 million. During the same quarter last year, the business posted $0.83 EPS. The firm’s quarterly revenue was down 4.5% compared to the same quarter last year. Impinj has set its Q3 2025 guidance at 0.470-0.510 EPS. On average, analysts forecast that Impinj, Inc. will post -0.47 earnings per share for the current fiscal year.

Insider Activity

In other Impinj news, CEO Chris Ph.D. Diorio sold 5,000 shares of Impinj stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $192.30, for a total transaction of $961,500.00. Following the sale, the chief executive officer directly owned 341,109 shares in the company, valued at $65,595,260.70. The trade was a 1.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Sylebra Capital Llc sold 300,000 shares of Impinj stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $196.24, for a total value of $58,872,000.00. Following the sale, the insider owned 1,829,260 shares in the company, valued at $358,973,982.40. This represents a 14.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 324,096 shares of company stock worth $63,353,832 over the last ninety days. Corporate insiders own 51.00% of the company’s stock.

Impinj Profile

Impinj, Inc operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform wirelessly connects items and delivers data about the connected items to business and consumer applications. The company’s platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item.